Benefits; Taxes Sample Clauses

Benefits; Taxes. Consultant shall not be an employee or agent of Company; shall not be entitled to participate in or receive benefits under any Company programs maintained for Company's employees (including, without limitation, life, medical, and disability benefits, pension, profit sharing, or other retirement plans or other fringe benefits); and shall not be entitled to any direct or indirect compensation or remuneration of any kind from Company. Consultant assumes full responsibility for the payment of all income taxes, social security, and other payroll taxes for his compensation under this Agreement.
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Benefits; Taxes. As an independent contractor, the Service Provider receives no Client benefits. They bear sole responsibility for taxes, withholdings, and obligations, excluding benefits provided to Client employees.
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Benefits; Taxes. Consultant understands and agrees that he is not an employee of the Company and is not entitled to any benefits provided by the Company to its employees, including but not limited to workers' compensation, unemployment, vacation, sick leave, holiday pay, medical, dental, accident and life insurance, pension or any other benefit or insurance coverage that is now or may be from time to time provided by the Company to its employees. Consultant understands that because he is not an employee of the Company, any compensation received by him for services rendered under this Agreement shall not be subject to employment tax withholding, nor shall the Company pay Federal Social Security tax (FICA) or make contributions to the federal or state unemployment or disability insurance funds on behalf of Consultant. Consultant shall be solely responsible for complying with all applicable employment tax and income tax laws with respect to the compensation provided under this Agreement.
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Benefits; Taxes. None of the benefits provided by the Company to its employees, including but not limited to medical, life, accident, or disability insurance, pension or profit sharing plans, unemployment or Worker's Compensation, are available to Consultant. No withholding or Federal or state income taxes, social security or related contributions shall be made from payments made to the Consultant, and Consultant shall be solely responsible for payment of any such taxes or contributions due on account of payments received under this Agreement.
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Benefits; Taxes. During the Consulting Periods, Executive shall not be (i) eligible for any bonus or other cash or equity incentive compensation for services performed by him for the Company during the Consulting Periods or (ii) entitled to the benefits provided by the Company to its employees, including, but not limited to, benefits under the Company’s medical, dental, vision, life and disability plans and under the Company’s 401(k) plan and vacation/personal time off policy. Executive understands that because he will not be an employee of the Company during the Consulting Periods, that any compensation received by him for consulting services rendered under this Agreement shall not be subject to employment tax withholding, and that the Company shall not pay federal social security tax (FICA) or make contributions to the federal or state unemployment or disability insurance funds on behalf of Executive. Executive shall be solely responsible for complying with all applicable employment tax and income tax laws with respect to the consulting services provided under this Agreement.
Sample 1
Benefits; Taxes. Neither Consultant nor its affiliates, employees or agents shall be entitled to any employee benefits offered to executives or employees of the Company and its affiliates, including, without limitation, unemployment compensation, workers' compensation, disability benefits, retirement benefits, family health and medical coverage insurance, and any other benefits. Consultant shall be responsible and liable for taxes, including without limitation, income taxes and social security/medicare taxes, on amounts paid to Consultant's employees and agents under this Agreement and shall be responsible for compliance with laws pertaining to self-employment including, without limitation, laws relating to workers' compensation. Consultant shall provide the Company with adequate evidence of such compliance upon request.
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Benefits; Taxes. The Company and Consultant agree that, except as may be required under applicable law, Consultant will not be eligible to receive any Company-sponsored benefits including vacation, medical or life insurance or any other fringe benefits and that the Company will not be responsible for withholding or paying any income, payroll, VAT or other taxes
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Benefits; Taxes. Xx. Xxxxxxx acknowledges and agrees that he shall work as a part-time employee for the Company pursuant to this Agreement, that the broad-based employee benefit plans of the Company, such as the medical plan and the qualified retirement plan, have minimum service obligations that must be met in order for an employee to be eligible for benefits, and that his services as a part-time employee pursuant to this Agreement for the Company do not meet such minimum service obligations in order to entitle him to participate in such employee benefit plans. To the extent he may otherwise be entitled to receive any such benefits, Xx. Xxxxxxx explicitly waives his right to participate in or receive any benefits under any applicable Company sponsored employee benefit plans as in effect from time to time, regardless of his eligibility to participate in any such plans, including any deferred compensation, medical, dental, life insurance and disability programs and other benefits generally available to the Company’s employees All payments to be made to and on behalf of Xx. Xxxxxxx under this Agreement will be subject to any required withholding of federal, state and local income, employment and excise taxes, and to related reporting requirements.
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Benefits; Taxes 
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Related to Benefits; Taxes

  • Payroll Taxes Employer shall have the right to deduct from the compensation and benefits due to Employee hereunder any and all sums required for social security and withholding taxes and for any other federal, state, or local tax or charge which may be in effect or hereafter enacted or required as a charge on the compensation or benefits of Employee.

  • Employment Taxes All payments made pursuant to this Agreement will be subject to withholding of applicable income and employment taxes.

  • Unemployment Compensation The Contractor shall be solely responsible for the unemployment compensation payments on behalf of their employees and personnel. The Contractor shall not be entitled to unemployment compensation in connection with the Services performed under this Agreement.

  • Premium Taxes If premium taxes are incurred, they will be deducted from the contract accumulation, to the extent permitted by law.

  • Income Taxes The authority citation for part 1 continues to read in part as follows: Authority: 26 U.S.C. 7805 * * * EXHIBIT G-2 FORM OF TRANSFEROR CERTIFICATE __________ , 20__ Residential Funding Mortgage Securities I, Inc. 8400 Normandale Xxxx Xxxxxxxxx Xxxxx 000 Xxxxxxxxxxx, Xxxxxxxxx 00000 [Xxxxxxx] Xxxention: Residential Funding Corporation Series _______ Re: Mortgage Pass-Through Certificates, Series ________, Class R[-__] Ladies and Gentlemen: This letter is delivered to you in connection with the transfer by _____________________ (the "Seller") to _____________________(the "Purchaser") of $______________ Initial Certificate Principal Balance of Mortgage Pass-Through Certificates, Series ________, Class R[-__] (the "Certificates"), pursuant to Section 5.02 of the Series Supplement, dated as of ________________, to the Standard Terms of Pooling and Servicing Agreement dated as of ________________ (together, the "Pooling and Servicing Agreement") among Residential Funding Mortgage Securities I, Inc., as seller (the "Company"), Residential Funding Corporation, as master servicer, and __________, as trustee (the "Trustee"). All terms used herein and not otherwise defined shall have the meanings set forth in the Pooling and Servicing Agreement. The Seller hereby certifies, represents and warrants to, and covenants with, the Company and the Trustee that:

  • Unemployment Benefits The Company will not oppose the Executive’s claim for unemployment insurance benefits.

  • Taxes Taxes, customs, and tariffs on commodities or contractual services purchased under the Contract will not be assessed against the Customer or Department unless authorized by Florida law.

  • Group Benefits To determine if a leave under the provisions of the Family and Medical Leave Act will be a paid or unpaid leave, contact the District’s Human Resources Department.

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125.00 per hour.

  • Excise Taxes (a) If any payment or distribution by the Company or any affiliate to or for the benefit of the Executive, whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise pursuant to or by reason of any other agreement, policy, plan, program or arrangement, including without limitation any stock option, stock appreciation right or similar right, or the lapse or termination of any restriction on or the vesting or exercisability of any of the foregoing (a “Payment”), would be subject to the excise tax imposed by Code Section 4999 or to any similar tax imposed by state or local law, or any interest or penalties with respect to such tax (such tax or taxes, together with any such interest and penalties, being hereafter collectively referred to as the “Excise Tax”), then the benefits payable or provided under this Agreement (or other Payments as described above) shall be reduced (but not in excess of the amount of the benefits payable or provided under this Agreement) if, and only to the extent that, such reduction will allow the Executive to receive a greater Net After Tax Amount than such Executive would receive absent such reduction. (b) The Accounting Firm (as defined below) will first determine the amount of any Parachute Payments (as defined below) that are payable to the Executive. The Accounting Firm also will determine the Net After Tax Amount attributable to the Executive’s total Parachute Payments. (c) The Accounting Firm will next determine the largest amount of payments that may be made to the Executive without subjecting the Executive to the Excise Tax (the “Capped Payments”). Thereafter, the Accounting Firm will determine the Net After Tax Amount attributable to the Capped Payments. (d) The Executive then will receive the total Parachute Payments or the total Capped Payments, whichever provides the Executive with the higher Net After Tax Amount; however, if the reductions imposed under this Section 14 are in excess of the amount of benefits payable or provided under this Agreement, then the total Parachute Payments will be adjusted by first reducing, on a pro rata basis, the amount of any noncash or cash benefits under this Agreement, then noncash or cash benefits under any other plan, agreement or arrangement, then any cash payments under this Agreement and finally any cash payments under any other plan agreement or arrangement. The Accounting Firm will notify the Executive and the Company if it determines that the Parachute Payments must be reduced and will send the Executive and the Company a copy of its detailed calculations supporting that determination. (e) As a result of the uncertainty in the application of Code Sections 280G and 4999 at the time that the Accounting Firm makes its determinations under this Section 14, it is possible that the Executive will have received Parachute Payments or Capped Payments in excess of the amount that should have been paid or distributed (“Overpayments”), or that additional Parachute Payments or Capped Payments should be paid or distributed to the Executive (“Underpayments”). If the Accounting Firm determines, based on either the assertion of a deficiency by the Internal Revenue Service against the Company or the Executive, which assertion the Accounting Firm believes has a high probability of success or controlling precedent or substantial authority, that an Overpayment has been made, that Overpayment may, at the Executive’s discretion, be treated for all purposes as a loan ab initio that the Executive must repay to the Company immediately together with interest at the applicable Federal rate under Code Section 7872; provided, however, that no loan will be deemed to have been made and no amount will be payable by the Executive to the Company unless, and then only to the extent that, the deemed loan and payment would either reduce the amount on which the Executive is subject to tax under Code Section 4999 or generate a refund of tax imposed under Code Section 4999 and the Executive will receive a greater Net After Tax Amount than such Executive would otherwise receive. If the Accounting Firm determines, based upon controlling precedent or substantial authority, that an Underpayment has occurred, the Accounting Firm will notify the Executive and the Company of that determination and the amount of that Underpayment will be paid to the Executive promptly by the Company after such determination. (f) For purposes of this Section 14, the following terms shall have their respective meanings:

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